Billionaire Money Moves đđ°
Steve Cohenâs hedge fund Point72 Asset Management has quietly made a strong crypto-adjacent bet â buying 390,666 shares of MicroStrategy (MSTR) worth around $65 million.
Why this matters đ
MicroStrategy isnât just a software company anymore. Itâs effectively a Bitcoin proxy, holding one of the largest BTC treasuries in the world.
So when a Wall Street giant like Point72 steps in, it signals:
⢠Institutional confidence
⢠Growing acceptance of Bitcoin-linked exposure
⢠Smart money positioning for long-term upside
TradFi and crypto are colliding â and the big players are already placing their bets đđ
